Deep Tech VCs in Portugal

    AI, quantum, robotics, hardware. Companies where the core IP comes from real R&D, not just a software layer.

    LAST UPDATED: 2026-08-13
    46
    INVESTORS
    43
    PORTFOLIO COS
    8
    STAGES COVERED

    ALL DEEP TECH INVESTORS (46)

    Portugal VenturesVC (Government)
    €50K–€1.5M·BitSight, OutSystems, Barkyn, Jscrambler, Defined.ai
    Pre-SeedSeedSeries A
    Armilar Venture PartnersVC
    €500K–€10M+·OutSystems, Feedzai, Sword Health, Rows, Amplemarket, Coverflex
    SeedSeries ASeries B
    Bondstone VenturesVC
    €500K–€1M
    SeedEarly Stage
    Caixa CapitalCVC
    €1M–€5M·Unbabel, Infraspeak, Amplemarket, Codacy, Veniam
    SeedSeries AGrowth
    Indico Capital PartnersVC
    €500K–€10M·Anchorage Digital, Remote, Sword Health, TIER, Rows, Dealroom, Preply
    Pre-SeedSeedSeries A
    Shilling Capital PartnersVC
    €100K–€1M·Sword Health, Coverflex, Rows, Casafari, Unbabel, Tucuvi
    Pre-SeedSeedSeries A
    Faber VenturesVC
    Up to €2.5M·Sword Health, Unbabel, Codacy, Smartex, iLoF, YData, ATMOS Space Cargo
    Pre-SeedSeedSeries A
    Bynd Venture CapitalVC
    €250K–€600K·Pollen, Reveni, Equall, Colvin, Casafari, Defined.ai
    Pre-SeedSeedSeries A
    Bright Pixel CapitalCVC
    €1M–€10M·Arctic Wolf, Feedzai, OutSystems, BRIJ, Codacy, Encord, Vicarius
    SeedSeries ASeries B
    LC VenturesVC
    €100K–€1M·Sizebay, Seedrs, HomeIT, CleanWatts
    Pre-SeedSeed
    HCapital PartnersVC
    €500K–€3M·Automaise, Glartek, Eneida.io, Tugbot, Lival, Native Foods
    SeedSeries ALate Stage
    EDP VenturesCVC
    €1M–€10M·Feedzai, Green Li-ion, Terabase Energy, GridBeyond, Spotlite, Relectrify
    SeedSeries A
    Iberis CapitalPE / VC
    €2M–€12M·Sword Health, Feedzai, Bolttech, Tekever, Jscrambler, Probely
    SeedSeries AGrowth
    Mustard Seed MAZEVC (Impact)
    €500K–€1M·Orbital Materials, Winnow, GoParity, UpHill Health, Samara Energy, knok
    SeedSeries A
    GED Ventures PortugalVC
    €100K–€1.5M·WEEZIE, Full Venue, LUGGit
    Seed
    Novabase CapitalCVC
    Feedzai, Glartek
    SeedPre-Seed
    Big Start VenturesVC
    WealthKernel, Fraudio, Countingup
    SeedSeries A
    APEX CapitalVC
    €100K–€1.5M·Versus Game, VRTL, ScorePlay, TMRW Sports
    Pre-SeedSeedSeries A
    REDangelsAngel Network
    €10K–€100K·Sound Particles, LOQR, Musiversal, Sensefinity, Visor.ai
    Pre-SeedSeed
    Bionova CapitalVC
    Adapttech, Anybrain, CellmAbs
    Early Stage
    Espírito Santo VenturesVC (SCR)
    Series B+
    3 Comma CapitalVC
    ScoreStars, Bitrefill, Civey
    Pre-SeedSeed
    BlockChange CapitalVC
    Audius, Filecoin, Solana, Polkadot, Near, Mina
    SeedSeries B
    200M / Social Innovation FundVC (Impact)
    €500K–€5M
    SeedSeries A
    WISENEXTVC
    TheFork (BestTables), Reckon.ai, Mindprober, Paycritical
    SeedPre-Seed
    AgileGTM CapitalVC
    €150K·Autowhale, Ospree
    Early Stage
    Polkastarter VenturesVC
    Aether Games, NOTAI
    Seed
    PitchdriveVC
    €250K–€2M·Henchman, NineID, Otiv, Bizzy, Fixform
    Pre-SeedSeed
    Basinghall PartnersVC
    €250K–€1M·Arthur Bus, Conntac, Empion
    Pre-SeedSeed
    Crest Capital PartnersVC (SCR)
    SeedSeries AGrowth
    BIVEN Capital PartnersVC (SCR)
    SeedSeries A
    ISQ SCRVC (SCR)
    SeedSeries A
    Altaz CapitalVC
    ISTO
    SeedSeries A
    Laika VenturesVenture Studio
    Tally, Reach, WiseWorld, Sandclock, Dazzl
    Pre-SeedSeed
    MAZE ImpactVC (Impact)
    €100K–€1M·GoParity, UpHill Health
    Pre-SeedSeedSeries A
    Building Global Innovators (BGI)Accelerator / VC
    Sword Health, Feedzai, 335 startups accelerated
    Pre-SeedSeed
    Build Up LabsVenture Studio
    Tap My Back (acquired 2023), Ask Cory, Kiss My Score, Grants Finder
    Pre-SeedSeed
    SURFnCODEVenture Studio
    Pre-SeedSeed
    CRON STUDIOVenture Studio
    BLOQ.IT, Ecoceno, Wisify, Wada Solutions
    Pre-SeedSeed
    Dengun Startup StudioVenture Studio
    Pre-SeedSeed
    Ventures.euVC
    €250K–€2M
    SeedSeries A
    Alea Capital PartnersVC
    Reckon.ai, Feelit
    SeedSeries A
    August One CapitalVC (Impact)
    SeedSeries A
    Alpac CapitalVC
    Series AGrowth
    InnventuresCVC
    GoSupply, Vigie
    SeedSeries A
    Invicta AngelsAngel Network
    €25K–€250K
    Pre-SeedSeed

    NOTABLE DEEP TECH PORTFOLIO COMPANIES

    Azitek(Portugal Ventures)BERD(Portugal Ventures)Displax(Portugal Ventures)Eptune Engineering↗(Portugal Ventures)Europeltier Thermotechnology(Portugal Ventures)Fibersensing↗(Portugal Ventures)Follow Inspiration(Portugal Ventures)Graphenest(Portugal Ventures)Neuraspace↗(Armilar Venture Partners)D-Orbit(Caixa Capital)Fibersail(Caixa Capital)Watgrid(Caixa Capital)FOSSA Systems(Indico Capital Partners)Smartex(Shilling Capital Partners)YPlasma(Faber Ventures)Resoniks(Faber Ventures)Vyoma(Faber Ventures)Emotai(Faber Ventures)ATMOS Space Cargo↗(Faber Ventures)FastInov↗(Bynd Venture Capital)THEKER↗(Bright Pixel Capital)Tugbot↗(HCapital Partners)Speedbird↗(Explorer Investments)TEKEVER(Iberis Capital)Inductiva Research Labs(Iberis Capital)Orbital Materials↗(Mustard Seed MAZE)KETS↗(Mustard Seed MAZE)Constellr↗(Semapa Next)Ienai Space(GED Ventures Portugal)Speedbird Aero(Lince Capital)

    EXPLORE OTHER SECTORS

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